Bus

Commuter tax benefit set to be cut nearly in half

Posted on December 31, 2013

WASHINGTON, D.C. — The Washington Post reported that starting Jan. 1, the monthly amount that commuters can set aside before taxes to spend on public transportation is to drop from $245 to $130. Meanwhile, those who commute by car will receive an increase in their monthly parking benefit in 2014, from $245 to $250.

WageWorks, a company that helps businesses administer benefits, told the paper that between 40,000 and 50,000 people in the Washington, D.C. area take advantage of the tax benefit.

The benefit is attached to a larger bill filled with many other tax benefits that have already expired or are set to be phased out at the end of the year, and it could be months before transit riders see their benefits restored to the current level, advocates told The Post. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

New Flyer names new director, sales & business development

Stephanie Laubenstein will develop innovative technical and commercial solutions to meet the needs and demands of a rapidly changing public transit industry.

FTA makes $5M in tribal transit funds available

Program supports public transportation for Native American tribes by providing access to jobs, schools, and health care, as well as meeting the needs of elders and people with disabilities.

Safety, tech key focus at 2018’s Transit Maintenance Forum

The event gives senior transit maintenance professionals the chance to learn about some of the latest trends they are facing in their shops.

WMATA orders 12 60-foot Xcelsior buses from New Flyer

The low-emission buses are part of the Washington Metropolitan Area Transit Authority's goal of reducing greenhouse gas emissions.

New Flyer to deliver up to 694 Xcelsior buses to WMATA

The order will include 40- and 60-foot CNG, diesel, and clean diesel buses.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close